Active Option Contract

1353 Southridge Drive

Lancaster, Texas 75146
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Bed 3

Bed

Bath 2

Bath

SqFt1,412

Sqft

Acres0.17

Acre(Lot)

Investor Special -Value-Add Single Family with Pool. Attention investors! This is an outstanding opportunity to add value in a desirable, established Lancaster neighborhood. Whether you're looking for your next flip, long-term rental, or BRRRR project, this property offers strong potential. This 3-bedroom, 2-bathroom home features 1,412 square feet of living space, a 2-car garage, and a private swimming pool. Built in 1984, the home has already had some work completed, allowing the next owner to step in with the remaining improvements based on their investment strategy. The property will require a new roof, pool repairs, and cosmetic updates- flooring, fixtures, etc. However, investors pursuing a rental strategy may find they can significantly reduce the renovation scope while still achieving strong rental performance, making this an attractive value-add opportunity. With an estimated After Repair Value (ARV) of approximately $279,000 and projected market rents of around $1,950 per month, this property presents multiple exit strategies for experienced investors. Bring your vision and maximize this property's potential.

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Detail Ic Property Details

Property Type : Residential

Price : $189,900

AD Id : 87915677

MLS Id : 567591106

Beds : 3

Lot Size : 0.17 Acre

Living Area Size : 1,412

Year Built : 1984

Garage : 2

County : Dallas

Subdivision: Meadow Creek Estates

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Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 2 Half Baths: 0
  • Interior Features

    Pantry,Walk-In Closet(s)

    Appliances

    Dishwasher,Disposal,Electric Range

    Utilities

    City Sewer,City Water
  • Fireplace

    Number of Fireplaces: 1 Fireplace Features: Wood Burning

  • Building Information

    Built Year: 1984

  • Lot Information

    Lot Size (Acr): 0.1720 Lot Size Units: Acres Lot Size Square Feet: 7,492
  • Property Information

    SQ ft (Living Area): 1,412 Property Type: Residential Property Sub Type: Single Family Residence Subdivision: Meadow Creek Estates City: Lancaster State: Texas Directions: Please utilize GPS. Property Status: Active Option Contract Levels: One Property Age: 42

  • Listing Price Information

    Original List Price: $189,900 List Price Tot SqFt: $134
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 36067600050350000 Tax Block: 5 Tax Legal Description: MEADOW CREEK ESTATES BLK 5 LT 35 Tax Lot: 35 Unexempt Taxes: $5,196

  • Parking Information

    Has Garage Garage Space: 2 Carport Spaces: 0 Parking Features: Garage,Garage Faces Rear
  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Belt Line Middle School: Lancaster High School: Lancaster School District: Lancaster ISD
  • Utility Information

    Utilities: City Sewer,City Water
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1872 Nokomis Road, Lancaster, TX, 75146 $900,000 5 4 4,800 4,800 SqFt
110 Hackberry Street, Lancaster, TX, 75146 $266,999 3 2 1,650 1,650 SqFt
3323 Dasher Street, Lancaster, TX, 75146 $400,000 4 3 2,655 2,655 SqFt
411 S Centre Lane, Lancaster, TX, 75146 $360,000 3 2 2,628 2,628 SqFt
141 Palmer Circle, Lancaster, TX, 75146 $389,000 4 3 2,707 2,707 SqFt
617 Wilson Street, Lancaster, TX, 75146 $204,995 2 1 716 716 SqFt
415 S Dallas Avenue, Lancaster, TX, 75146 $239,000 1 1 680 680 SqFt
114 S Ellis Street, Lancaster, TX, 75146 $349,900 3 2 1,850 1,850 SqFt
3000 Keri Drive, Lancaster, TX, 75146 $345,000 4 3 2,334 2,334 SqFt
339 S Stewart Avenue, Lancaster, TX, 75146 $320,000 4 2 1,986 1,986 SqFt
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 07/24/2026 @ 05:20

MLS: 567591106 LISTED BY: Allison Guillot, Blue Atlas Realty 682-297-4777 SOURCE: NTREIS - North Texas Real Estate Information

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